1001 NATT AS: årsregnskap 2019 vs 2018
Shrank 6% on revenue, slipped into loss
approved 2020-06-20; registry 2020-06-27; journal 2020 500999
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 1001 NATT AS. Revenue 5.39m NOK → 5.07m NOK (-5.9%). Net result +63.9k NOK → -212.3k NOK. Equity 106.3k NOK → -106.0k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for 1001 NATT AS.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 1.23m NOK → 1.22m NOK (23% → 24% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 5.39m NOK to 5.07m NOK (-5.9% YoY). Calculated
-
↓
Operating result weakened
Operating result +77.8k NOK → -207.8k NOK (op. margin 1.4% → -4.1%). Calculated
-
↓
Fell into a net loss
Net result flipped from 63.9k NOK profit to a loss of 212.3k NOK. Calculated
-
↓
Equity eroded
Book equity 106.3k NOK → -106.0k NOK (equity ratio 7.0% → -7.9%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 4.78× → 0.25× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -7.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 3.48m NOK → 3.39m NOK (-2.4% YoY). Calculated